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236 N Franklin St, Lancaster, PA, 17602

4beds
2baths
1,997sqft
$289,900
$145price/sqft
$2,059/moest. monthly cost
$82,360/yrincome needed

About This Home

Lancaster City Investment Opportunity! Excellent opportunity to own a **well-maintained 2-unit property in Lancaster City** offering strong income potential and a proven rental history. Whether you're looking to add to an existing portfolio or purchase your first investment property, this property is worth a closer look. The building features **two spacious rental units totaling approximately 1,997 square feet**, plus a **separately rented garage that provides additional monthly income**. Conveniently located near **downtown Lancaster, shopping, restaurants, schools, and local colleges**, the property is well positioned for continued tenant demand. With multiple income streams, a desirable Lancaster City location, and long-term investment potential, **236 N Franklin St offers an attractive opportunity for investors looking for both current income and future appreciation.** **Don't miss this opportunity—schedule your showing today!**

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

7/10
Wickersham El SchoolGrades PK-50.2 mi
4/10
Lincoln Middle SchoolGrades 6-80.5 mi
5/10
McCaskey CampusGrades 9-120.3 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Crawl Space
  • Roof: Unknown,Metal,Rubber,Slate
  • Construction materials: Brick,Masonry

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Oven/Range - Gas,Refrigerator,Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Flooring: Carpet,Wood,Other

Heating & Cooling

  • Heating features: Radiator,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 1,997
  • Total interior livable area: 1,997 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3366101100000
  • Zoning: R3
  • Special condition: Standard
  • Exclusions: Tenant Owned Property

Features

  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 1,307 sqft
  • Features: Urban
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 1
  • Parking features: Garage Faces Side,Attached,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Hurricane
Lightning

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,465$17,580
Home Insurance *$81$972
Property Taxes $289$3,468
Electricity $224$2,692
Total$2,059$24,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,594/yr
40% on housing$61,770/yr
45% on housing$54,906/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$145This listing

vs Other Active Listings

Avg $/sqft

ZIP 17602$160
Lancaster County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 17602$211
Lancaster County$208

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Listed for sale$287,900
2026-08-04Listing removed$289,900
2026-06-24Price change$289,900
2026-06-03Listed for sale$294,900
2024-08-26Sold$234,000
2024-07-04Pending sale$259,000
2024-06-27Price change$259,000
2024-06-03Listed for sale$265,000
2020-09-25Sold$179,900
2020-08-21Pending sale$179,900
2020-07-22Listed for sale$179,900
2002-02-28Sold$50,000
2000-10-03Sold$70,000

For Sale by Agent

AgentJohn Glick
BrokerageHostetter Realty LLC

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